Search results
Feb 5, 2024 · Bank of America paid CEO Brian Moynihan $29 million for 2023 — a $1 million, or 3.3%, cut from 2022, the bank disclosed in a Securities and Exchange Commission filing Friday. Moynihan stands as the only CEO from a top-six U.S. bank, so far this year, to have his compensation cut.
- Dan Ennis
Feb 2, 2024 · NEW YORK (Reuters) - Bank of America cut compensation for CEO Brian Moynihan by 3.3% to $29 million for 2023 after its annual profit fell 4%, the lender said in a filing on Friday.That...
Feb 2, 2024 · The board granted Moynihan $1.5 million in salary and $27.5 million in stock-based incentive awards, the Charlotte, North Carolina-based lender said Friday in a filing. A year ago, Moynihan’s compensation was -bsp-bb-link state="{"bbDocId":"RP9ALPDWLU68","_id":"0000018d-6bd6-d52b-a3af-ebf6f62c0000","_type":"0000016b-944a-dc2b-ab6b ...
- Katherine Doherty
- Bloomberg News
- kdoherty23@bloomberg.net
Feb 6, 2023 · Moynihan’s pay breaks down to a $1.5 million base salary and $28.5 million in restricted stock units. Half of those will be re-earned only if the bank meets specific performance standards between now and 2025; 30% will vest over the next year; and 20% will vest annually over the next four years.
- Dan Ennis
Feb 3, 2023 · NEW YORK, Feb 3 (Reuters) - Bank of America Corp (BAC.N) reduced compensation for Chief Executive Officer Brian Moynihan by roughly 6% to $30 million for 2022, the lender said in a filing on...
Feb 2, 2024 · Feb 2, 2024 1:57pm. By Sabela Ojea. Bank of America said its board of directors approved cutting Chair and Chief Executive Brian Moynihan's total compensation for 2023. The lender on Friday...
Feb 3, 2023 · Feb. 3, 2023 5:07 pm ET. Share. Resize. Listen. (1 min) Bank of America CEO Brian Moynihan’s pay for the year included restricted stock worth $28.5 million. Photo: Hollie Adams/Bloomberg...
